BIM43100 - Specific deductions: crime (expenditure involving): overview: contents

Intangible Assets

In relation to expenditure by companies in respect of intangible fixed assets see CIRD12610.

Contact with Business Profits

Because of the nature of the legislation and the complexity of law relating to such criminal offences you should contact Business Profits at an early stage if you discover payments subject to the legislation.

A deduction is not allowable for certain crime-related payments in calculating the profits of a trade. This chapter describes the legislation and how it works. It is arranged as follows:

1. BIM43101

   Introduction
2. BIM43110

   Accruals
3. BIM43115

   Criminal payments: scope
4. BIM43120

   Criminal payments: Terrorism Act
5. BIM43125

   Criminal payments: Bribery Act
6. BIM43126

   Bribery convictions
7. BIM43130

   Criminal payments: handling of cases
8. BIM43160

   Blackmail and extortion: overview
9. BIM43165

   Blackmail and extortion: territorial limitations
10. BIM43170

    Blackmail and extortion: no criminal intent necessary
11. BIM43175

    Blackmail and extortion: alternative basis for disallowance
12. BIM43180

    Blackmail and extortion: examples
13. BIM43185

    Blackmail and extortion: handling of cases